GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED

GARDENS MOWERS AND TOOLS LIMITED - Company Information

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GARDENS MOWERS AND TOOLS LIMITED

Company Registration Number:
SC348112 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2021

Period of accounts

Start date: 01 October 2020

End date: 30 September 2021

GARDENS MOWERS AND TOOLS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2021

Balance sheet
Notes

GARDENS MOWERS AND TOOLS LIMITED

Balance sheet

As at 30 September 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 31,140 36,330
Tangible assets: 4 845,168 644,441
Total fixed assets: 876,308 680,771
Current assets
Stocks: 246,220 251,635
Debtors:   69,620 56,818
Cash at bank and in hand: 26,281 276,754
Total current assets: 342,121 585,207
Creditors: amounts falling due within one year: 5 (314,974) (215,003)
Net current assets (liabilities): 27,147 370,204
Total assets less current liabilities: 903,455 1,050,975
Creditors: amounts falling due after more than one year: 6 (585,887) (698,751)
Total net assets (liabilities): 317,568 352,224
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 317,468 352,124
Shareholders funds: 317,568 352,224

The notes form part of these financial statements

GARDENS MOWERS AND TOOLS LIMITED

Balance sheet statements

For the year ending 30 September 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 May 2022
and signed on behalf of the board by:

Name: Roger Coultherd
Status: Director

The notes form part of these financial statements

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

2. Employees

2021 2020
Average number of employees during the period 13 12

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

3. Intangible Assets

Total
Cost £
At 01 October 2020 77,850
At 30 September 2021 77,850
Amortisation
At 01 October 2020 41,520
Charge for year 5,190
At 30 September 2021 46,710
Net book value
At 30 September 2021 31,140
At 30 September 2020 36,330

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

4. Tangible Assets

Total
Cost £
At 01 October 2020 1,288,852
Additions 309,417
At 30 September 2021 1,598,269
Depreciation
At 01 October 2020 644,411
Charge for year 108,690
At 30 September 2021 753,101
Net book value
At 30 September 2021 845,168
At 30 September 2020 644,441

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

5. Creditors: amounts falling due within one year note

Bank Loans 65021 -Trade Creditors 140384 77149Taxation 4421 15194Other Creditors 105148 122660 314974 215003

GARDENS MOWERS AND TOOLS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2021

6. Creditors: amounts falling due after more than one year note

Bank Loans 185250 258115Other Creditors 400637 440636 585887 698751